Freddie Mac Will Buy Out 120-Day Delinquent Mortgages

“Government-sponsored mortgage securitizer Freddie Mac said today it will buy “substantially all” mortgages delinquent by at least 120 days from the company’s related fixed-rate and adjustable-rate mortgage (FRM and ARM) Participation Certificate (PC) securities.”
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  4. Capstead REIT Earns $42.5m on ARM Portfolio
  5. What a Bad Week For Mortgage Rates. Taking One Day at a Time….

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